Audience research tool for marketers and creators
SparkToro monetizes primarily through recurring subscriptions from paying customers. They offer subscription plans, including a $50/month plan introduced alongside a new feature, which contributed to significant growth.
“our biggest growth month by far was September, 2020, when we introduced our most-requested feature, email contact info, and simultaneously launched the $50/month plan.”
“we turned the corner to profitability just six months later, and are now ~$75K in MRR.”
“I think we have right around 1,200 paying subscribers, maybe a little more than that, maybe 1,300.”
“They do $2 million a year in revenue.”
“Tying the launch to a charitable donation (we gave $1 to GiveDirectly for each person who tried SparkToro in those 2 weeks) helped make it feel a bit less purely self-promotional.”